Examples of Franchise in a sentence
If PROVIDER is a taxable entity subject to the Texas Franchise Tax (Chapter 171, Texas Tax Code), then PROVIDER certifies that it is not currently delinquent in the payment of any franchise (margin) taxes or that PROVIDER is exempt from the payment of franchise (margin) taxes.
We will then apply CICIP amounts along with MCP-specific HIC Franchise Fee and tax amounts to the normalized rates on a budget neutral basis.
State of Texas Franchise Tax By signature hereon, the Vendor hereby certifies that he/she is not currently delinquent in the payment of any franchise taxes owed the State of Texas under Chapter 171, Tax Code.
Since the HIC Franchise Fee is assessed on a state fiscal year basis, this amendment reflects different HIC Franchise Fee amounts for January through June 2022 based on projected fees attributable to the period.
In addition, the Health Insuring Corporation (HIC) Franchise Fee amounts were developed by managed care plan (MCP) based on projected Medicaid member months, and then weighted based on regional enrollment by MCP.